In July, DNC outraises RNC

The RNC has outraised the DNC in 10 of the last 19 months. | Getty

By ASSOCIATED PRESS | 8/20/14 8:58 PM EDT

The Democratic National Committee squeaked past its GOP rival in fundraising last month, but the Republican National Committee still has a bigger bank account, according to finance reports filed Wednesday.

The DNC raised almost $9.3 million in July and went into August with more than $9.6 million saved for November’s elections. The RNC says it raised $8.4 million last month and has almost $14 million in its account.

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Both committees help candidates at all levels with data on voters, polling and strategic advice. Committees leaders also prescribe the broad policy positions for the party and, looking ahead to 2016, set the rules for how each picks its presidential nominees.

As DNC members were heading to Atlanta for weekend meetings, party officials said they had reduced its debt to less than $2 million. The DNC had seen its debt swell to almost $23 million last year. Since then, the DNC has paid off its bank loans and now only owes vendors.

The RNC has outraised the DNC in 10 of the last 19 months. But the DNC has prevailed in six of the seven months this year.